NZDUSD Focus Now on 7900 after Breakout
Prepared by Jamie Saettele, CMT
The NZDUSD has broken to its highest level since May11th. Focus has shifted to the 7900 figure (several pivots in May and 100% extension of the 7454-7752 rally from 7617) although reward/risk at the close isn’t favorable for bulls. 7780/90 is now short term support.
LEVELS: 7720 7750 7790 7850 7900 7975
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